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<div style="-sec-extract:summary;margin-top:9pt;text-align:center"><span
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<div style="text-align:center"><span
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<div style="text-align:center"><span
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<div style="text-align:center"><span
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<div style="text-align:center"><span
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<div style="margin-top:18pt;text-align:center"><span
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<div style="margin-top:12pt;text-align:center"><span
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<div style="text-align:center"><span
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<div style="margin-top:12pt"><span
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        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGV4dHJlZ2lvbjoxY2E0NTMwYjNkOGY0NDczOWJhMDYzMzJmZjBmNGM5OF83MTQ0_e56a1967-ed20-47c0-bb6c-2cfa4a11013a">&#9744;</ix:nonNumeric> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric
        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:PreCommencementTenderOffer"
        format="ixt-sec:boolballotbox"
        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGV4dHJlZ2lvbjoxY2E0NTMwYjNkOGY0NDczOWJhMDYzMzJmZjBmNGM5OF83MTM5_eec4242c-f976-431e-89e3-862e8cd0723c">&#9744;</ix:nonNumeric> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric
        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:PreCommencementIssuerTenderOffer"
        format="ixt-sec:boolballotbox"
        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGV4dHJlZ2lvbjoxY2E0NTMwYjNkOGY0NDczOWJhMDYzMzJmZjBmNGM5OF83MTM0_54000f19-46f7-452d-ac9d-82799440270d">&#9744;</ix:nonNumeric> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span>
</div>
<div style="margin-top:11pt;text-align:center">
    <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%">
        <tr>
            <td style="width:1.0%"></td>
            <td style="width:38.002%"></td>
            <td style="width:0.1%"></td>
            <td style="width:1.0%"></td>
            <td style="width:20.534%"></td>
            <td style="width:0.1%"></td>
            <td style="width:1.0%"></td>
            <td style="width:38.164%"></td>
            <td style="width:0.1%"></td>
        </tr>
        <tr>
            <td colspan="3"
                style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Title of each class</span>
            </td>
            <td colspan="3"
                style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Trading Symbol</span>
            </td>
            <td colspan="3"
                style="border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Name of each exchange on which registered</span>
            </td>
        </tr>
        <tr>
            <td colspan="3"
                style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonNumeric
                        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:Security12bTitle"
                        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGFibGU6ZTQ0MGZhZDQyMzdlNDZmZmJjNDQwNzZmOGU2YTEwYWUvdGFibGVyYW5nZTplNDQwZmFkNDIzN2U0NmZmYmM0NDA3NmY4ZTZhMTBhZV8xLTAtMS0xLTEyMjkyNg_017ecc62-708f-4d50-9102-8c3579a4b624">Common stock, without par value</ix:nonNumeric></span>
            </td>
            <td colspan="3"
                style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonNumeric
                        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:TradingSymbol"
                        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGFibGU6ZTQ0MGZhZDQyMzdlNDZmZmJjNDQwNzZmOGU2YTEwYWUvdGFibGVyYW5nZTplNDQwZmFkNDIzN2U0NmZmYmM0NDA3NmY4ZTZhMTBhZV8xLTEtMS0xLTEyMjkyNg_d8319432-b74a-4a5e-af0e-25f22c5c63bd">JWN</ix:nonNumeric></span>
            </td>
            <td colspan="3"
                style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:top">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><ix:nonNumeric
                        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301"
                        name="dei:SecurityExchangeName" format="ixt-sec:exchnameen"
                        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGFibGU6ZTQ0MGZhZDQyMzdlNDZmZmJjNDQwNzZmOGU2YTEwYWUvdGFibGVyYW5nZTplNDQwZmFkNDIzN2U0NmZmYmM0NDA3NmY4ZTZhMTBhZV8xLTItMS0xLTEyMjkyNg_c92c5928-bdc9-48af-a302-3d5f932cc4e1">New York Stock Exchange</ix:nonNumeric></span>
            </td>
        </tr>
    </table>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span>
</div>
<div style="margin-top:3pt;text-align:right"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Emerging growth company <ix:nonNumeric
        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:EntityEmergingGrowthCompany"
        format="ixt-sec:boolballotbox"
        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGV4dHJlZ2lvbjoxY2E0NTMwYjNkOGY0NDczOWJhMDYzMzJmZjBmNGM5OF83MTQx_70af27a9-8c09-4616-bd30-d2b8d8dd806c">&#9744;</ix:nonNumeric> </span>
</div>
<div style="margin-top:6pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</span>
</div>
<div style="height:58.5pt;position:relative;width:100%">
    <div style="bottom:0;position:absolute;width:100%">
        <div><span><br/></span></div>
    </div>
</div>
<hr style="page-break-after:always"/>
<div style="min-height:58.5pt;width:100%">
    <div><span><br/></span></div>
</div>
<div style="margin-top:18pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">e) Compensatory Arrangements of Certain Officers</span>
</div>
<div style="margin-top:3pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On <ix:nonNumeric
        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:DocumentPeriodEndDate"
        format="ixt:date-monthname-day-year-en"
        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGV4dHJlZ2lvbjoxY2E0NTMwYjNkOGY0NDczOWJhMDYzMzJmZjBmNGM5OF81NDk3NTU4MjEwODg_01f0b700-a272-42db-a9b5-ce01f90a60f8">March&#160;1, 2023</ix:nonNumeric>, the Compensation, People and Culture Committee (the &#8220;Committee&#8221;) of the Board of Directors of the Company approved the following actions relative to salary and performance-based awards for the Company&#8217;s Principal Executive Officer and the Named Executive Officers (&#8220;NEOs&#8221;) set forth in the Company&#8217;s proxy statement dated April&#160;7, 2022 (collectively the &#8220;Executives&#8221;):</span>
</div>
<div style="margin-top:14pt;text-align:center">
    <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%">
        <tr>
            <td style="width:1.0%"></td>
            <td style="width:60.758%"></td>
            <td style="width:0.1%"></td>
            <td style="width:1.0%"></td>
            <td style="width:17.970%"></td>
            <td style="width:0.1%"></td>
            <td style="width:1.0%"></td>
            <td style="width:17.972%"></td>
            <td style="width:0.1%"></td>
        </tr>
        <tr>
            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Executive</span>
            </td>
            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</span>
                </div>
                <div style="text-align:center"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Bonus</span><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">1</span>
                </div>
            </td>
            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</span>
                </div>
                <div style="text-align:center"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Base Salary</span><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">2</span>
                </div>
            </td>
        </tr>
        <tr>
            <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Erik B. Nordstrom</span>
                </div>
                <div style="padding-left:9pt"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Chief Executive Officer (Principal Executive Officer)</span>
                </div>
            </td>
            <td colspan="2"
                style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$&#8212;&#160;</span>
            </td>
            <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td>
            <td colspan="2"
                style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">
                <span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$758,500&#160;</span>
            </td>
            <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td>
        </tr>
        <tr>
            <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Peter E. Nordstrom</span>
                </div>
                <div style="padding-left:9pt"><span
                        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">President, Nordstrom Inc. and Chief Brand Officer</span>
                </div>
            </td>
            <td colspan="2"
                style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$&#8212;&#160;</span>
            </td>
            <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td>
            <td colspan="2"
                style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$758,500&#160;</span>
            </td>
            <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td>
        </tr>
        <tr>
            <td colspan="3"
                style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kenneth J. Worzel<br/>Chief Customer Officer</span>
            </td>
            <td colspan="2"
                style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$&#8212;&#160;</span>
            </td>
            <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td>
            <td colspan="2"
                style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$895,000&#160;</span>
            </td>
            <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td>
        </tr>
    </table>
</div>
<div style="padding-left:4.5pt;text-indent:-2.25pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.2pt;font-weight:400;line-height:112%;position:relative;top:-2.8pt;vertical-align:baseline">1</span><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:8pt;font-weight:400;line-height:112%"> Nordstrom follows a pay-for-performance philosophy. The Company&#8217;s compensation plans are designed to encourage executives to focus on goals that align with business strategy, operating performance and shareholder values. In support of our philosophy, performance-based awards pay out only when pre-determined results are achieved. The 2022 cash bonuses were determined based on the achievement of pre-established performance measures set by the Committee under the shareholder-approved Nordstrom, Inc. Executive Management Bonus Plan. On February 28, 2023, the Committee approved Company earnings before interest and taxes (&#8220;EBIT&#8221;) and return on invested capital (&#8220;ROIC&#8221;) results, which yielded zero bonus payout for the Executives.</span>
</div>
<div style="padding-left:4.5pt;text-indent:-2.25pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">2</span><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Base salary amounts for the Executives are unchanged from base salary amounts in 2022.  </span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Also on <ix:nonNumeric
        contextRef="i2918552d0d9a48caaf05bd882d4bf9d5_D20230301-20230301" name="dei:DocumentPeriodEndDate"
        format="ixt:date-monthname-day-year-en"
        id="id3VybDovL2RvY3MudjEvZG9jOjM4NDNhNDhiOWY2NTRhYmM5ODY1OWQ1ZDU0MzBkNTg2L3NlYzozODQzYTQ4YjlmNjU0YWJjOTg2NTlkNWQ1NDMwZDU4Nl8xL2ZyYWc6MWNhNDUzMGIzZDhmNDQ3MzliYTA2MzMyZmYwZjRjOTgvdGV4dHJlZ2lvbjoxY2E0NTMwYjNkOGY0NDczOWJhMDYzMzJmZjBmNGM5OF81NDk3NTU4MjExMTA_01f0b700-a272-42db-a9b5-ce01f90a60f8">March&#160;1, 2023</ix:nonNumeric>, the Committee determined to award stock option grants to the Executives, to be effective March&#160;6, 2023, the first open window trading date after Committee approval. Stock options were granted pursuant to the terms of the Nordstrom, Inc. 2019 Equity Incentive Plan (the &#8220;Equity Plan&#8221;) and have a term of ten years with an exercise price equivalent to the closing price of the Company&#8217;s Common Stock on March&#160;6, 2023. Vesting occurs at a rate of 50% in year three, and 50% in year four, in each case on the tenth day of the month immediately following the date of grant. The number of options to be awarded to each individual is a function of base pay, an option long-term incentive (&#8220;LTI&#8221;) percentage and the fair value of an option. The Binomial Lattice model is used to estimate the fair value of an option. This model requires the input of certain assumptions, including the risk-free interest rate, volatility, expected dividend yield and expected life. The formula for determining the number of options granted is:</span>
</div>
<div style="margin-top:9pt;text-align:center"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Number of Options = (base pay x option LTI%) / option fair value</span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This summary of the key terms of the foregoing nonqualified stock option grants is qualified in its entirety by the provisions of the 2023 Nonqualified Stock Option Award Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated by reference. The number of options actually granted to the Executives, once determined, will be reported in an amendment to this Current Report on Form 8-K.</span>
</div>
<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On that same date, the Committee also determined to award PSUs to the Executives pursuant to the terms of the Equity Plan. The PSU awards are effective March&#160;6, 2023. PSUs may only be settled in shares of Company Common Stock upon the achievement of such performance goals as may be established by the Committee at the time of grant based on any one or a combination of certain performance criteria enumerated in the Equity Plan. The 2023 PSUs may be earned over a three-year period from fiscal year 2023 though fiscal year 2025. The percentage of PSUs granted that will actually be earned at the end of the three-year period is based upon the Company&#8217;s cumulative sales and earnings before interest and tax (&#8220;EBIT&#8221;) margin results over the same period. The minimum percentage of PSUs that can be earned at the end of the three-year performance cycle is 75% and the maximum is 150%. The number of PSUs to be awarded to each individual is a function of base pay, a PSU LTI percentage and the fair value of a PSU. The fair value of a PSU is calculated as the stock price as of the effective date less the present value of Company stock dividends over the vesting period. This calculation requires the input of certain assumptions, including the risk-free interest rate and the expected Company stock dividends. The formula for determining the number of PSUs granted is:</span>
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<div style="margin-top:9pt;text-align:center"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Number of PSUs = (base pay x PSU LTI%) / PSU fair value</span>
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<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The foregoing summary of the key terms of the PSU awards is qualified in its entirety by the provisions of the 2023 Performance Share Unit Award Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.2 and incorporated by reference. The number of PSUs actually granted to the Executives, once determined, will be reported in an amendment to this Current Report on Form 8-K.</span>
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<div style="margin-top:18pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ITEM 9.01 Financial Statements and Exhibits</span>
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            <td style="width:1.562%"></td>
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            <td style="width:51.944%"></td>
            <td style="width:0.1%"></td>
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            <td style="width:37.844%"></td>
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            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.1</span>
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                <div><span
                        style="color:#0000ff;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a
                        style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"
                        href="jwn-03062023xex101.htm">Form of 2023 Nonqualified Stock Option Award Agreement</a></span>
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            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Filed herewith electronically</span>
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                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.2</span>
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            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">
                <div><span
                        style="color:#0000ff;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a
                        style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"
                        href="jwn-03062023xex102.htm">Form of 2023 Performance Share Unit Award Agreement</a></span>
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                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Filed herewith electronically</span>
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                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span>
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            <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cover Page Interactive Data File (embedded within the Inline XBRL document)</span>
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<div style="text-align:center"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:12pt;font-weight:700;line-height:120%">SIGNATURES</span>
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<div style="margin-top:9pt"><span
        style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span>
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<div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:18pt;font-weight:400;line-height:120%">&#160;</span>
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            <td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NORDSTROM, INC.</span>
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            <td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Registrant)</span>
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                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline">/s/ Ann Munson Steines</span>
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                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ann Munson Steines</span>
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            <td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chief Legal Officer,</span>
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            <td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><span
                    style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General Counsel and Corporate Secretary</span>
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<div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:8pt;font-weight:400;line-height:120%">&#160;</span>
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<div><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Date: March 6, 2023</span>
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